STARTUP GRIND | Paul Martino is the General Partner at Bullpen Capital. Paul founded Bullpen in 2010 and has led several of its key investments including FanDuel, Namely, Ipsy, SpotHero, Classy, and Airmap.

VENTUREBEAT | The post-seed gap is a top cause of startup death, and the crunch is more acute than ever. Between 2007 and 2015, the seed-to-Series-A graduation rate dropped from over 35 percent to 7.4 percent. Meanwhile, as fund sizes have ballooned, the average amount of capital raised in the seed and A rounds has more than doubled.

USA TODAY | One of the original sponsors of the 1992 federal ban on sports betting that the Supreme Court struck down on Monday says Congress needs to try again to assert control before states set their own rules.

YAHOO FINANCE | On Monday, the Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA), the 1992 federal law that banned sports betting basically everywhere in America other than Nevada. In a 6-3 decision in the case of Christie vs NCAA et al, the justices deemed PASPA unconstitutional.

THE WALL STREET JOURNAL | Being a venture capitalist means placing bets. Sometimes you hit it big with a startup. Sometimes you lose everything. But sometimes you never place a bet at all—and end up missing out on an idea that turns out to be a multibillion-dollar winner.

THE NEW YORK TIMES | In search of reasonable rent, the middle-class backbone of San Francisco — maitre d’s, teachers, bookstore managers, lounge musicians, copywriters and merchandise planners — are engaging in an unusual experiment in communal living: They are moving into dorms.

ANDROID HEADLINES | Spotify should become its own record label according to one industry expert. The world’s biggest streaming service recently announced plans for its own initial public offering but after confirming a huge loss of $1.5 billion in 2017, a number of investors appear to be pretty reluctant when it comes to investing in the company.